6 Reasons Why You Should Outsource Your Business to India
According to a recent survey, more than 80% of outsourcing firms have voted for India as their top destination for outsourcing. Although with time, there have been several countries like China, the Philippines, Ireland and Mexico who have tried to challenge India’s top spot as outsourcing hub, India has still managed to outsmart them and emerge the leader. There are several differentiators that are responsible for the Indian IT outsourcing supremacy like highly talented workforce, infrastructure developing at a rapid pace, and certain favourable government policies, helping the industry grow at a tremendous pace of around 25–30% per year. Continue reading to find out more about why India remains the international hub for outsourcing.
1. India Prides Itself for Maintaining the Largest Professional and Technical Talent Pool on the Globe
When it comes to maintaining a wide pool of talented people with technical skills, India is way ahead of its competition. This can mostly be credited to its huge population of over 1.2 billion people, with around 3.1 million new graduates joining the workforce every year. Another major advantage that sets India apart is that it has the largest English speaking population on the globe, even greater than both the UK and US put together. Other than just having vast numbers, the rich quality of talent definitely helps when it comes down to attracting companies that wish to outsource.
2. India Provides a Variety of Flexible Pricing Options
The main reason why India continues to hold its top spot as the outsourcing provider to the world is because of the remarkable cost savings that companies could benefit from. This can be linked to the wide gap present between personnel costs in developed countries such as the USA and UK and that of India. For instance, a decent developer living in the U.S. can charge somewhere from $50-$80 per hour. In contrast, it is possible to negotiate with a good developer in India for prices even as low as $15 – $20 per hour. These flexible pricing options give the companies the freedom to manage their budget while also bringing in huge profits.
3. India Offers High Quality Services on a Consistent Basis
When speaking about outsourcing, a major factor to consider is the cost. Other than this, India has succeeded in providing high quality work on a consistent basis helping them remain as the top outsourcing choice for many countries. This was also reflected upon by The National Outsourcing Association (NOA) in their Annual Offshore Outsourcing Conference, that these are the qualities that seem to attract International companies who end up picking India as their preferred outsourcing partner or destination.
4. India Has Some of the Best Infrastructure and Technology
Present India is advanced in its technologies and provides state-of-the-art cellular networks, ISP, and telecom to all popular or well known towns and cities. Clients get to leverage the most advanced software technology, like customized solutions for a variety of applications like business process re-engineering, e-commerce, system integration, legacy system maintenance, system migration, and several others. Another advantage of outsourcing to companies is that it helps in providing uninterrupted communication channels with their clients by offering several facilities like high-speed bandwidth by using fibre optic networks, submarine cables and satellite connectivity.
5. The Stability of the Indian Government and Its Policies
The outsourcing industry that has made a base for itself in India has seen success owing to the support offered by a stable government whose pro IT policies on the economy, taxation, GDP growth, power, industrial parks and telecom have had a major impact on improving the overall infrastructure in the country. Having said that, the Indian Government has been successful in framing policies as IT is considered as one of the top 5 industries in the country. The government has also shown its support to growing the IT industry by offering various tax-related benefits, supporting e-filing of documents, barring or reducing cybercrimes, and also recognizing upcoming technologies like electronic contracts.
6. Indian Companies Provide the Shortest Time Needed to Reach the Market
Companies in India that offer outsourcing services are capable of providing the final product by taking the shortest time-to-market strategy because of the benefit that is provided to it by the time zone differences. The massive time difference of 12-hours between the USA and India gives organisations a plethora of opportunities so that it is possible to finish the work before time. This has in turn resulted in improved productivity, better efficiency, and also provided extra time to spend on several other crucial tasks. This time difference provides India with the perfect option to work with clients who have intentions of outsourcing several service-related options, like 24X7 Helpdesk services and Customer Support.
Legacit is an innovative Mobile App Development and Company that offers you world-class help desk infrastructure along with superior call centre technical support services along with expertise and consultation in the area of Application Development, Quality Assurance & Testing, Cloud services, and Business Process Outsourcing to name a few. We pride ourselves in being leaps ahead of our competition in making use of up-to-date technology; thus empowering our projects to achieve high customer satisfaction by providing them with quality that is unparalleled.
If you are in search of an agency to help you with your outsourcing requirements please feel free to call on 0484 4348888 to talk to our experts today who have spent decades in this space!